Lazard boosts restructuring team as coronavirus-hit firms run into trouble [Reuters (UK)]
Lazard, Inc. (LAZ)
Last lazard, inc. earnings: 4/30 06:49 am
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Source: Reuters
Lazard boosts restructuring team as coronavirus-hit firms run into trouble - Reuters 4 Min Read LONDON (Reuters) - Lazard Ltd has bolstered its senior restructuring team as it seeks to win business from companies struggling to stay afloat in the midst of the economic turbulence caused by the global coronavirus pandemic. The U.S. investment bank has created a new London-based role for former Skadden Arps Slate Meagher & Flom partner, Chris Mallon, to join as a senior adviser to its global restructuring practice. “Chris will be involved on complex restructuring situations as a key part of our global team,” Lazard’s co-head of restructuring for Europe, Middle East and Africa (EMEA) David Burlison told Reuters. The International Monetary Fund has predicted the global economy will contract by 3% during 2020, a stunning collapse of activity that has forced companies into negotiations with lenders and governments to seek emergency aid. Independent advisory firms with restructuring capability
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LAZ
News
- Lazard, Inc. (NYSE: LAZ) was downgraded by analysts at Keefe, Bruyette & Woods from an "outperform" rating to a "market perform" rating. They now have a $57.00 price target on the stock, down previously from $65.00.MarketBeat
- SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Lazard, Inc. (NYSE: LAZ)PR Newswire
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- Lazard Reports November 2024 Assets Under ManagementBusiness Wire
- Lazard, Inc. (NYSE: LAZ) was downgraded by analysts at Morgan Stanley from an "overweight" rating to an "equal weight" rating. They now have a $63.00 price target on the stock, up previously from $60.00.MarketBeat
LAZ
Earnings
- 10/31/24 - Miss
LAZ
Sec Filings
- 12/17/24 - Form 4
- 12/12/24 - Form 8-K
- 12/5/24 - Form 424B5
- LAZ's page on the SEC website